And now, at this critical moment, a new and thrilling peril confronted the trio.

Suddenly Frank saw a long, sinuous body flash through the water some fifty feet distant.

He saw its outlines and its shining silver scales, and at once recognized a deadly foe.

“A swordfish,” he muttered.

Then he made a motion of warning to the others.

They leaped out of the way, but were not a moment too soon.

The huge fish, with its keen lance of sharpest bone, had made a dive for them.

As it dodged past him Frank struck at it with his ax.

The blow nearly severed one of the fins of the huge fish and a cloud of blood spurted into the water.

But instantly the swordfish turned and came again to the attack.